While main street Americans pay record tax levels on personal income, property and via sales taxes, big tech companies with armies of lawyers and tax accountants continue to cheat the system, according to the latest […]
Category: MOOLAH
Facebook Owned Instagram To Start Spamming Users Who Don’t Use It Enough
In Facebook-speak spam emails are called “newsletters” and spamming is called “trying a new engagement tactic,” the company announced over the weekend. In an effort to drive engagement (and one that shows attention paid to […]
Mercedes Benz Teams Up With Chinese Search Giant Baidu To Take On Google Cars
In perhaps the most interesting technology alliance in recent memory, German carmaker Daimler is making software from Chinese search company Baidu available in its Chinese Mercedes-Benz cars, in a show of deepening ties between carmakers […]
Microsoft Looking For More Acquisitions, Eyes Struggling Blackberry
Struggling smartphone maker Blackberry may be on the auction block again, as software giant Microsoft eyes a bid for the Canadian company. Microsoft recently lost a bid for rival software giant Salesforce and the latest […]
The Summer Set To See Cheapest Gasoline In Five Years
While the price of unleaded gasoline has been steadily climbing, drivers could soon begin to see some relief at the pump, just in time for the summer driving season. “Everything points to the notion that […]
Salesforce Snubs Microsoft’s $55 Billion Bid
The mystery bidder for Salesforce has been confirmed as Microsoft, according to sources close to the deal. The software giant wanted to buy the cloud giant for $55 billion but the bid was rejected by […]
More Job Cuts Loom For Troubled Blackberry
Once ubiquitous Blackberry is laying off more workers across its money losing hardware division, the struggling Canadian smartphone maker has confirmed. While the company was briefly profitable during Q4 of fiscal ’15, this short run […]
The United States Has An Income Inequality Problem
The Organisation for Economic Cooperation and Development confirmed this week that the gap between the rich and poor in most of the world’s advanced economies is at record levels. In most of the 34 countries […]
Google Caught Helping Copyright Trolls Extort Money From Google Fiber Users
It’s no secret Google is aggressively looking to cozy up with Hollywood to help its struggling Youtube website. In the latest sign that the search monopolist is getting into bed with Big Copyright and their […]
While Feds Ready Criminal Charges Against GM Engineers, Wall Street Walks Free
Proving that Wall Street is always above the law, federal prosecutors are said to be filing criminal charges against General Motors Co. over a faulty ignition switch linked to more than 100 deaths. The charges […]
Latest Hack Attack Exposes Sexual Secrets Of Millions Of Americans
Hackers always go after personal information but usually its to access your bank accounts and credit cards. In the latest data breach, which includes more than 3.5 million people, the data comes with lurid details […]
SEC Commissioner Appalled By Latest Wall Street Criminal Acts
While the bandits of Wall Street sidestepped yet another criminal prosecution and yet again got off without anyone going to jail yesterday, one member of the Securities and Exchange Commission has, like us, had enough. […]
Looking For A Low Wage Job? Go To College
While at first it might seem like going to college is the way to break through income barriers and move up a few notches on the wage ladder, new research is finding this is anything […]
Competition Heating Up In Fast Delivery Ecommerce
It’s not just Uber, Walmart, Google and Ebay that have their sights set firmly on same-day delivery services. It was revealed Friday morning that Amazon is expanding its Prime Now service to offer fast delivery […]
Human Rights Groups Denounce Facebook’s Internet.org Scheme In Open Letter To CEO
Facebook’s duplicitous Internet.org initiative continues to gather opposition as over 60 rights groups from several nations across the globe, including the U.S., the Netherlands, Germany, Brazil, Austria, India and others, criticized Facebook, saying that the […]
Get Your WiFi Toasters Ready: Google To Release Internet Of Things Operating System Next Week
Everyone’s been dying to connect their toaster to the internet and Google may be the next big company to take on the challenge. Reports indicate that Google has developed secret software that can run on […]
Why Uber Keeps Its Driver Pay Rate So Low
Mike Novogratz, principal and director of investment giant Fortress Investments, offered an amazing anecdote about Uber in an upcoming podcast. His comment appears to be from Uber CFO Brent Callinicos, who had previously worked at […]
Apple Decides To Cancel Prototype TV
According to a recently published report in The Wall Street Journal, Apple last year gave up on releasing a branded HDTV set after nearly a decade worth of research and prototyping. The reason? It was […]
Largest Ever Consumer Recall Begins Over Failed Airbags
An estimated 33.8 million vehicles are defective thanks to Japanese air bag manufacturer Takata Corp. it was announced Tuesday. The company acknowledged wide-ranging problems with its airbags in a move that is expected to lead […]
Google – Uber War Heats Up As Uber Joins Baidu In Nokia Maps Bid
The battle between Uber and its largest investor, Google, heated up as Chinese search giant Baidu, Google’s largest Asian rival, joined Uber in bidding for Nokia’s mapping data unit, HERE. Uber kicked off the bidding […]
Get Ready For More WhatsApp Spam
WhatsApp, the popular mobile messaging service owned by privacy monetizer Facebook, will be opening its platform up to businesses, allowing them to communicate with their customers. While its a way to monetize the service it […]
Facebook Creates Payment Platform To Steal Your Payment Data
It’s well known Facebook loves slurping your data. The content-ad network knows more about you than any other company on earth. It then sells this data to marketers, hence its multi-billion dollar valuation. But Facebook’s […]
ITT Educational Services Latest Education Compay To Hit Rocks, Charged By SEC
The federal government continues its wide ranging crackdown on low quality for-profit colleges, as the SEC today announced fraud charges against ITT Educational Services Inc., its chief executive officer Kevin Modany, and its chief financial […]
Wall Street Already Busy Rewriting History For 2016 Election
Understandably top executives from the biggest U.S. banks are concerned about anti-Wall Street rhetoric on the 2016 campaign trail. The banks have, after all, been running sophisticated criminal enterprises that have victimized hardworking Americans in […]
Art Institute Closures Highlight Massive Problems With For Profit Education
Joining Corinthian Colleges, the Art Institute announced that it is closing 15 locations around the country. The art schools are under the management of Education Management Corporation (EDMC), based in Pittsburgh, Penn. The move highlights […]
Verizon Buys AOL In Sign It May Accept Net Neutrality Regulations
The internet and telecom landscape became a very interesting place on Tuesday as Verizon announced it is buying AOL for $4.4 billion, or about $50 a share. Verizon said the deal is part of a […]
Google’s Self Driving Cars Twice As Likely To Get Into Accidents As Humans
Google’s self driving cars are getting into accidents. Lots of them, actually, according to reports. The company only released the number of accidents after The Associated Press reported that Google had notified California of three […]
Insurance Companies Fight For Right To Be Risky, Bailed Out By Taxpayers
Insurance companies are already among Washington’s biggest donors but that’s not stopping them from ramping up efforts to fight the Federal Reserve over new rules that would force the companies to be less risky. After […]
Apple Poised To Crush Free Internet Radio As Rival Spotify Reports Massive Losses
Apple may be better positioned to crush free internet radio, as rival Spotify reported net losses in 2014 of $197m, up near 300% from $68m a year earlier. The losses come as extremely well funded […]
Haven’t Heard Of Uber? You Will. It’s Raising $2 Billion To Fundamentally Change America
Uber has big, ambitious plans. Don’t be tricked into thinking its just a taxi-hailing app, it’s plans are much larger than that. It’s heavily investing in self driving cars. It’s working on a nation-wide same […]